Ut

CCS

China’s Sinopec Starts First Carbon Capture, Storage Facility, Plans Another Two by 2025

China's Sinopec Corp said on Monday it has put into operation the country's largest carbon capture, utilisation and storage (CCUS) facility in east China, and p…

Crude Oil

Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth

UAE, Oman back Saudi view on possible output cut

Norway’s Equinor Eyes Sale of Stake in Statfjord Field, Presentation Shows

Norway's Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes…

Solar Cell

Green Material Absorbs Light More Strongly Than Conventional Solar Cell Technologies

Solar cells are vital for the green energy transition. They can be used not only on rooftops and solar farms but also for powering autonomous vehicles, such as …

Germany

Germany Prepares for Possible Nationalisation of Gazprom Germania - Paper

The German government has set up a holding company to carry out a possible nationalisation of Gazprom Germania, the energy business abandoned by Russia's Gazpro…

Nuclear Power Plant

Swiss Group to Launch Petition to Rethink Nuclear Power Plans

A group of Swiss politicians has formed 'Stop Blackouts', which will launch a petition seeking a revision to the country's energy policy to guarantee adequate p…

Wind Power Project

India Could Raise RE Capacity by About 24GW With Wind Energy

As of March 2022, 37.7% of its cumulative installed capacity was wind.

Gas Turbine

GE to Invest in US Hub to Expand Small-Turbine Manufacturing

GE will invest up to $5 million over the next two years to add a second manufacturing location for its aeroderivative units at the existing Global Technology Ce…

Spain

Iberdrola to Add 1,400MW of Solar Power in Spain This Year

Energy giant is currently executing 12 PV projects with a combined capacity of 550MW and aims to start construction on six projects that will add 873MW.

Solar Power Panel

QatarEnergy Awards US$631m EPC Contract for IC Solar Project

Samsung C&T to build two large-scale PV solar plants in Mesaieed and Ras Laffan Industries Cities, as Qatar builds a sustainable future for energy.

Smart Meter

EDF Looks to Pay as You Go Meters amid British Billing Crisis

Electric utility company Électricité de France (EDF) has announced support packages for British consumers, one of which involves using smart prepayment meters…

LNG

U.S. Natgas Falls 5% On Delay of Freeport LNG Plant Restart

U.S. natural gas futures fell more than 5% on news of a further delay in the resumption of initial operations at the Freeport LNG export plant in Texas.

Oil Price

Energy Bonanza Drives Shareholder Payouts to New Record

Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and …

Energy Storage Battery

Founder and Chief of UK Battery Start-up Britishvolt Steps Down

Orral Nadjari will pass the reins to Dr Graham Hoare, who is currently Britishvolt’s Deputy CEO and President of Global Operations

Nuclear Reactor

South Korea’s SK invests $250m in Bill Gates’ TerraPower

The equity investment will enable SK to join TerraPower’s nuclear reactor commercialisation projects in Korea and Southeast Asia